The Florida real estate market continues to grow every year. According to data from the Florida Realtors Research Department, the statewide median sales price for single-family existing homes rose to $355,000 — up 20.3% year-over-year.
When it’s time to purchase or sell real estate, you should be able to feel confident that you have all of the information you need to negotiate the best deal possible. An experienced real estate attorney can help.
Peter J. Snyder, P.A. has over 40 years of experience both in and outside the courtroom. He leverages his attention to detail as well as his litigation experience to secure the best outcome for his clients. Peter J. Snyder, P.A. is proud to serve Boca Raton, Florida — as well as the Delray Beach and Deerfield Beach areas — in all real estate matters.
Purchasing and selling real estate aren’t straightforward processes. There are many legal implications when real estate changes hands. An attorney can help negotiate a deal that takes your best interests into account while also making sure that you’re complying with all state laws.
It’s to your advantage to have an attorney at your side who will work with you to iron out the details. Real estate generates a lot of paperwork, from purchase agreements to closing. A real estate attorney will read all the agreements and won’t simply take the other party’s word for what’s included in the documentation you need to sign.
An experienced real estate attorney knows the law and the appropriate practices for your area. They can make sure agreements are properly worded to mitigate ambiguity. A real estate attorney can also review complex paperwork so that you’re not caught unaware and put in a difficult situation down the line.
Furthermore, an experienced real estate attorney can address legal issues that real estate agents aren’t equipped to handle. These include:
Illegal home additions
Agents are focused on buying and selling properties. A real estate attorney is focused on your best interests. If you enlist the guidance of a real estate attorney, you can be confident that they will seek the most favorable deal for you.
A real estate attorney can help with many different aspects of the process, including:
Drafting and reviewing contracts
Complying with all state laws
Purchasing a lease-back by the seller
Handling existing tenants
An experienced real estate attorney will also look for other contingencies to protect their client. These are only some of the aspects of purchases and sales that a real estate attorney can assist with throughout the process.
It’s important to be aware of several common purchase and sales issues. An experienced real estate attorney can help you navigate these issues across the board.
A standardized purchase agreement (such as a template found online) may not take the reality of your situation into account. One very common situation involves changes to the property. If there were any changes or additions, were they done legally? A real estate attorney can find out for you and can write any necessary alterations into the purchase agreement.
If you are selling a home, be aware of issues surrounding brokerage agreements. If you, as the seller, sign a brokerage agreement, you may be liable to pay more than one brokerage commission — even if a sale does not occur. Consult with a real estate attorney to be confident that you will not be on the hook for unnecessary brokerage commissions.
Purchasing and selling real estate is a complex process. Don’t navigate it alone. Attorney Peter J. Snyder can help you understand all of the legal implications of a contract before you sign it. Peter J. Snyder, P.A. works with clients in Boca Raton, Delray Beach, and Deerfield Beach, Florida. Schedule a consultation today to take the first step forward.